Metcash Plans A Purchase.

The board of Metcash Trading, the 64%-held Australian subsidiary of Metro Cash & Carry (Metcash), is planning to acquire a fourth business division in the Asia Pacific region to add further diversity to earnings.

In the next three to four years Metcash Trading would like to add a fourth "business pillar" that could be earnings-a-share neutral in the first and second year after acquisition, and a strong contributor from the third and fourth years onwards. …

...on is food and liquor wholesaler MetcashTrading (MTT). Even in a downturn, people...growth, with expansion plans for Asia-Pacific expected to form the foundation for that growth. METCASHTRADING LIMITED - ASX MTT: INDEPENDENT GROCERS...